gmarguli

I've been told that as a whole they do.

If this were the reason, they'd have gotten rid of collector submissions. I can't say that this is the same at NGC, but "another TPG" once told me that their collector submissions process much slower than dealers. Collectors submit far fewer coins per invoice and at cheaper tiers. They are also much more likely to have issues with their submissions than dealer submissions. You do realize that dealers received this 15% discount already. I believe all the bullet points are already available to dealers. I personally feel that the TPGs are getting just a little too greedy. I don't begrudge any company from making the max profit they can, but when you feel like you're being nickeled and dimed, it's gets hard to support that company.

Looks like NGC will begin charging dealers for the privilege of being a customer. While I'm sure the new VC Overlords have run the numbers on this, I suspect a lot of smaller dealers will just say screw it and stop using NGC. I seem to recall MANY years ago PCGS tried some convoluted approach to charging their dealers for the privilege of being a customer. I wish I recalled more about it, but I believe they abandoned it fairly fast. I'm not even sure it went into effect. It's hard to support a company when you feel like you're being screwed.

I'd buy NGC some new forum software that doesn't make you login 16 times a day.

The USPS has no official motto. That saying was by Herodotus referring to couriers during war.

I don't know about other areas, but in Los Angeles they still circulate. Just 3 years ago I received a $1 coin in change. It was given to me as a quarter. I think it is still in my change jar.

Here is something that you don't see everyday. This 1975/1976 set of medals were simultaneously struck in the US & Germany. They celebrate the 75th Anniversary of the LZ-1's first flight coupled with a historic event for the United States. US Side: July 2, 1776, the Continental Congress voted in favor of the Declaration of Independence. Two days later (July 4th) delegates from the 13 colonies adopted the Declaration of Independence. German Side: July 2, 1900, Count Ferdinand von Zeppelin’s first airship, LZ-1, took an 18 minute flight over the Lake Constance in Germany. US Side: September 17, 1787, members of the Constitutional Convention sign the final draft of the Constitution. German Side: The 1936-1937 transatlantic journeys of the LZ-130's, including the Hindenburg, pictured flying over Manhattan. US Side: Depicting the Shenandoah Valley Campaign, waged February to June 1862, during the Civil War. These engagements catapulted Confederate General “Stonewall” Jackson from obscurity to the first rank. The victory was not only of strategic importance, but provided a huge morale boost to South during a time the Confederacy had suffered through many defeats. German Side: Shenandoah is Native American for "Daughter of the Stars". The ZR-1 was the American Navy's first attempt to develop an airship similar to the German Zeppelin L-49. The Shenandoah first flew September 1923 and was destroyed September 1925, over Ohio, by a violent updraft of wind that carried it higher than its pressure limits. According to the Hans Kaiser book, these were minted in bronze, silver, and gold. The bronze and silver each had 5,000 minted and the gold had 1,000 minted. I have no idea how rare they actually are. I've found a few bronze that have sold or are for sale. Can't find any examples of silver or gold selling. I suspect many of the gold and silver were melted over the years.

Blind guess. Minting 100,000 of one coin that usually has a mintage in the millions promotes speculation and encourages those coins to be removed from commerce. This could create a problem with not enough coinage in circulation. Minting 24 and those being removed from circulation would not cause any issues.

This is incorrect. Shipping cash is not allow frequently, but collectible items such as coins are OK. I've used all 3 carriers you mentioned to ship coins without issue. Personally, I find UPS to be fastest/cheapest and use them over the ones you mentioned. As for insurance, you can get single package insurance. I don't know where in Europe you are, but I'd suggest contacting a large local dealer/auction house and seeing if they could arrange for the package to be sent to them and use their insurance policy.

Yep, not the highest quality this time. My Peace dollars had a couple of hits and one had a fingerprint in front of the face. The Morgans have a couple of dings here and there. However, many of the coins are also perfect. I think this is the first time we will see a bunch of MS67/MS68 modern commems in the pop reports made by people who send in moderns blindly.

The price drop was expected as soon as the flood of them hit the market. Pre-sellers sell a bunch for $300-$500 and think they've made a fortune. When the buyers see the initial price drops, they cancel the sale or return the coins. Of course if the price goes higher, the pre-sellers "weren't able to get their orders filled by the mint" and they cancel the sale as out of stock.

Absolutely. Now are you going to buy something or not?

Got my "CC" yesterday. Very odd surfaces. I almost want to call them pickled. They look finely pitted. Just odd. The most curious thing about these are the box. The Mint used black ink on a black box for the Mint logo and United States Mint wording. It is almost impossible to see.

I'm not saying that MCM is doing this (I don't know), but I know one large dealer had a deal where they would send in thousands of modern commems and only those that graded 70 would be certified and the ones that would be graded lower were returned in their mint capsules.

MS64. Luster looks muted.

I second that. One of the nicest people in coins. MANY years ago at a show I was looking at some coins in his case. I believe it was a set of the 1892/1893 Columbian & Isabella commemoratives in proof. He asked if I wanted to see them and I said they were way out of my price range. He replied something like "That's ok, you can still see them" and he took them out for me to look at. When I was done he asked if I wanted to see anything else in his case and showed me a few other well out of my range coins. Super nice all the while knowing he wasn't going to get a sale.

I'm sorry, but the eagle is drooling, not spitting.

The average person is not very intelligent. Statistically, half the world is dumber than that average person. Lots of people will bid thousands of dollars on a coin when they think they are smarter than others. I bet few of these are returned. The buyers do zero research to see if the seller potentially knows what they are doing. This seller is a full time coin dealer who advertises as being a PCGS, NGC, CAC dealer. Why isn't this coin certified and selling for multiples of what it will sell for raw? They have 162 feedback revisions on eBay. That's 162 times a negative or neutral feedback was removed. My favorite wording from their auctions: IF YOU CHOOSE TO SEND AN ITEM TO A THIRD PARTY GRADING SERVICE YOU FORFEIT THE RIGHT TO RETURN THE ITEM FOR A REFUND.

So it looks like basically every modern commemorative since the 1990 Eisenhower when the mint perfected the lifeless surface look.

My CC "shipped today" according to the mint. Label created according to UPS.

Kind of interesting. Any idea what these usually sell for?

Mine too. I wonder if they are planning on shipping them all together.

My CC order moved to processing today and the Mint hit my credit card for them. Leaves only the Philadelphia and Peace left.

I nominate Walter Breen.

The D & S mint ones have changed from Backordered to Processing.